China Telecom 2 billion assets into Zhongwei Guomai

Xinhua News (Reporter Gu Xiaoyu) Yesterday, the reporter learned that China Telecom will be its subsidiary of central defender Guomai Hotel and number hundred business, put into the asset value of about 2.07 billion yuan, Zhongwei Guomai will also become China Telecom's third listed company. It is understood that Zhongwei Guomai will be the original telecommunications business assets sold to China Telecom, to the price of 14.92 yuan per share 134 million shares, respectively, to China Telecom Group Industrial Asset Management Center and China Telecom to buy its holdings of the holding and the Hundred business 100%. The asset reorganization set out assets of about 70 million yuan, placed in assets of about 2.07 billion yuan.　　After the completion of the release, China Telecom directly or indirectly held the central defender Guomai shares will increase from 52.76% to 64.59%. Industry experts said that through the restructuring of Zhongwei Guomai, China Telecom has also realized the brewing years of "all the Numbers" split listing, but also to solve the central defender Guomai and the parent company China Telecom competition problem. Zhongwei Guomai will become China Telecom's first a-share listed company.